EHomeFacts

6️⃣ Tips to Sell Your Flips, Part 6️⃣: Staging
Staging is an added perk that can definitely go a long way. While it's not always super necessary, if you’re selling a higher priced home or one with a unique floor plan, it certainly helps. You want buyers to picture themselves living here. Not only does staging really just complete the package and nicely polish it all off, if buyers can’t figure out where they’re going to put their TV or their couch, that can be a problem.

Pools are expensive. To build (if you can even get a builder to commit to the project) and to maintain...they're just, a lot. Luckily, our city is filled with awesome hotel pools that you can get access to via the hotel directly or through . Sure beats paying the 100k for
a pretty basic pool and $170 a month to the pool guys for maintenance.
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BRRR: REPEAT! Now that you’ve done one and it worked, there’s a natural itch to keep going. Get as many as you can as fast as you can, right? Pump the breaks 🖐
👉 The key to repeating the process is learn from your mistakes, figure out what you can do better, and don’t move too fast. Don’t buy a property, go through all the steps, and then at the end realize you paid too much and the BRRRR isn’t going to work. Buying houses is good, but buying good deals is better. That never goes out of style.

BRRRR: REFINANCE (cont'd) So you've found a small and local bank with a really great point of contact who can make decisions on your loan. There are couple things to watch out for at this point; will they cash you out (loan more than what you’re into the property for) and do they have a seasoning rule (you need to own the property for X amount of time before they’ll loan)?